SAN DIEGO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WORKSHOPS FOR WARRIORS INC, founded in 2008, is a community nonprofit in the Employment sector that reported $7.6M in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $11.6M exceeded revenue, resulting in a 52% operating deficit.
WORKSHOPS FOR WARRIORS PROVIDES HANDS-ON TRAINING, ACCREDITED STEM EDUCATIONAL PROGRAMS, AND OPPORTUNITIES TO EARN THIRD-PARTY NATIONALLY RECOGNIZED CREDENTIALS TO ENABLE VETERANS, TRANSITIONING SERVICE MEMBERS, AND OTHER STUDENTS TO BE SUCCESSFULLY TRAINED AND PLACED IN THEIR CHOSEN ADVANCED MANUFACTURING CAREER FIELD.
SINCE 2011, 1,261 VETERANS, TRANSITIONING SERVICE MEMBERS, AND WOUNDED WARRIORS HAVE GRADUATED WITH 15,558 NATIONALLY RECOGNIZED CREDENTIALS IN WELDING AND MACHINING. GRADUATES ARE NOW WELDERS...
SINCE 2011, 1,261 VETERANS, TRANSITIONING SERVICE MEMBERS, AND WOUNDED WARRIORS HAVE GRADUATED WITH 15,558 NATIONALLY RECOGNIZED CREDENTIALS IN WELDING AND MACHINING. GRADUATES ARE NOW WELDERS, FABRICATORS, COMPUTER NUMERICALLY CONTROLLED (CNC) MACHINISTS, 3D PRINTERS, CNC MILL AND CNC LATHE OPERATORS, MACHINERY REPAIR TECHNICIANS, ROBOTIC PROGRAMMERS, COMPUTER-AIDED DESIGNERS, AND CNC PROGRAMMERS THROUGHOUT AMERICA.THE ADVANCED MANUFACTURING TRAINING FOR YOUNG VETERANS ASSISTS VETERANS WITH SUCCESSFULLY TRANSITIONING FROM MILITARY SERVICE TO BEGIN CAREERS IN THE U.S. ADVANCED MANUFACTURING INDUSTRY. IT MOVES TRANSITIONING MILITARY FROM THE FRONT LINES TO THE PRODUCTION LINES. THE GOALS OF THE PROGRAM ARE TO HELP TRANSITIONING MILITARY SECURE ENTRY LEVEL OR ADVANCED CAREER POSITIONS IN ADVANCED MANUFACTURING AND TO STRENGTHEN THE US ECONOMY BY ALLEVIATING SHORTAGES OF SKILLED WORKERS IN AMERICAN MANUFACTURING.TO ADDRESS THE NEED AND MEET THE GOALS, WORKSHOPS FOR WARRIORS WILL COMPLETE THE FOLLOWING OBJECTIVES IN 2024:- ENROLL 190 VETERANS IN CNC MACHINING OR WELDING COURSES- 640 HOURS OF MACHINING OR 640 HOURS OF WELDING EDUCATION PROVIDED FOR EACH STUDENT- PROVIDE 75 HOURS OF EMPLOYMENT EDUCATION AND JOB PLACEMENT ASSISTANCE (25 HOURS PER SEMESTER)- FACILITATE 24 HOURS OF INDUSTRY EDUCATION (12 WORKSHOPS) AND HOST 3 CAREER FAIRS WITH 21 INDUSTRY PARTNERS ATTENDING- PROVIDE 12 (1 PER MONTH) MENTAL HEALTH EDUCATION SESSIONS WITH A COMBAT VETERAN EXPERIENCED LMFT- COORDINATE 3 GRADUATION CEREMONIES WITH 300 FRIENDS, FAMILY, SUPPORTERS AND OTHER STAKEHOLDERS IN ATTENDANCESCHOLARSHIPS AND LIVING STIPENDS ARE OFFERED TO STUDENTS UNABLE TO PAY FOR HOUSING AND/OR TUITION. LIVING STIPENDS HELP THE VETERAN FOCUS ON STUDIES AND NOT SURVIVAL. STIPENDS CAN BE USED FOR HOUSING, GROCERIES, TRANSPORTATION OR CHILDCARE; THEY REMOVE BARRIERS FOR LOW-INCOME VETERANS TO ACHIEVE SUCCESS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $7,585,974 | $20,034,059 | -0.6% |
| Expenses | $11,561,815 | $10,019,824 | +0.2% |
| Net Income | $-3,975,841 | $10,014,235 | -1.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HERNAN LUIS Y PRADO | BOARD CHAIR/CEO | 40.00 |
Officer
Director
|
$213,424 | $1,000 | $214,424 |
| RACHEL LUIS Y PRADO | CFO/COO | 40.00 |
Officer
|
$190,960 | $4,976 | $195,936 |
| ADAM JACOBS | DIRECTOR OF MARKETING | 40.00 |
Highest
|
$160,361 | $0 | $160,361 |
| LYLE PALM | DEAN OF WELDING & HEAD OF FACILITIES | 40.00 |
Key Emp
|
$157,667 | $1,142 | $158,809 |
| MARIA C TRUONG | CHIEF OF STAFF | 40.00 |
Highest
|
$167,047 | $3,922 | $170,969 |
| PATRICK DORRIS | DEAN OF MACHINING | 40.00 |
Highest
|
$144,385 | $1,000 | $145,385 |
| JOSEPH M SCATENA | DIRECTOR OF OPERATIONS | 40.00 |
Highest
|
$129,600 | $3,996 | $133,596 |
| LISA RECORD | SENIOR DIRECTOR OF DEVELOPMENT | 40.00 |
Highest
|
$104,605 | $5,614 | $110,219 |
| ETHAN WEINSTEIN | BOARD MEMBER, SECRETARY (THRU 04/23) | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMANDA BARBER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| RICK BIBEN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| RICHARD EGER | BOARD MEMBER (THRU 08/23) | 1.00 |
Director
|
$0 | $0 | $0 |
| ED MURPHY | BOARD MEMBER (THRU 12/23) | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL SHOEMAKER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PETER ZIERHUT | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PETER PETERSON BOARD MEMBER | TREASURER/SECRETARY (AS OF 04/23) | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $7,585,974 | $11,561,815 | $22,600,714 | $-3,975,841 |
| 2022 | $20,034,059 | $10,019,824 | $24,081,400 | $10,014,235 |
| 2021 | $8,821,074 | $7,872,072 | $7,296,588 | $949,002 |
| 2020 | $7,708,025 | $7,948,325 | $6,096,093 | $-240,300 |
| 2019 | $7,170,975 | $5,908,926 | $5,491,857 | $1,262,049 |
| 2018 | $6,638,895 | $6,788,121 | $4,333,306 | $-149,226 |
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